Many pension schemes mandated by governments have accumulated large reserves. The management of these funds has a direct effect on financial sustainability, and potential benefit levels. It also has important indirect effects on the overall economy when the funds are large. Part I of this study...

This paper asserts that the disability insurance system in Chile is much less well-known than the pension part, but it is equally innovative. It differs from traditional public disability insurance in two important ways: 1) it is largely pre-funded--through the accumulation in the retirement...

The report is organized as follows. Chapter one sets out the strategic context for Iraq, including the evolving political situation, macroeconomic context, and poverty and social conditions. Chapter two analyzes the trends in, and composition of, public expenditure, both from economic and...

The Country Opinion Survey for FY2013 in Burkina Faso assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Burkina Faso perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies,...

The Country Opinion Survey for FY2012 in Djibouti assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Djibouti perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media,...

The Country Opinion Survey for FY2012 in Republic of Congo assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Republic of Congo perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral...